{"id":61578,"date":"2020-11-30T10:04:29","date_gmt":"2020-11-30T10:04:29","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=61578"},"modified":"2021-02-04T07:37:27","modified_gmt":"2021-02-04T07:37:27","slug":"formula-grants","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/formula-grants\/","title":{"rendered":"Formula grants"},"content":{"rendered":"<p>Educational funding based on the number of children eligible for various programs.<\/p>\n<hr \/>\n<p>A grant of Federal funds, usually to States but sometimes to other governmental units or private organizations, authorized by law for specified purposes in which the amount of the grant is based on a formula which divides the total funds available among the eligible recipients according to such factors as the number and average income of the population to be served.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Educational funding based on the number of children eligible for various programs. A grant of Federal funds, usually to States but sometimes to other governmental units or private organizations, authorized by law for specified purposes in which the amount of the grant is based on a formula which divides the total funds available among the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-61578","post","type-post","status-publish","format-standard","hentry","category-f"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Formula grants - Definition of Formula grants<\/title>\n<meta name=\"description\" content=\"Educational funding based on the number of children eligible for various programs.A grant of Federal funds, usually to States but sometimes to other governmental units or private organizations, authorized by law for specified purposes in which the amount of the grant is based on a formula which divides the total funds available among the eligible recipients according to such factors as the number and average income of the population to be served.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.healthbenefitstimes.com\/glossary\/formula-grants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Formula grants - 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